Easy Inc. uses the FIFO method in its process costing system. The following data concern the operations of the company's first processing department for a recent month.

1. Determine the equivalent units of production for materials and conversion costs. Copy and paste the form below to answer part 1:

Flow of Production	Equivalent Units
	Physical Units	Direct Materials	Conversion Costs
Work in Process, Beginning
Started during current period
Total to account for
Completed and transferred
From beginning WIP
Started and completed
Work in process, ending
Equivalent units of work done in the current period

2. Determine the cost per equivalent unit for materials and conversion costs. Copy and paste the form below to answer part 2:

Cost per Equivalent Unit	Materials	Conversion	Total
Work in process, beginning
Costs added during period
Total costs to account for
Costs added in current period
Equivalent units done in current period
Cost per equivalent unit for current period

3. Determine the cost of ending work in process inventory and cost of units transferred out. Copy and paste the form below to answer part 3:

Costs of Ending Work in Process and Units Transferred out
Ending work in process inventory:	Materials	Conversion	Total
Equivalent units of production
Cost per equivalent unit
Cost of ending work in process inventory
Units transferred out:
Cost in Beginning Work in process inventory
Cost to complete units in beg. WIP inventory
Equivalent units of production required
to complete beginning inventory
Cost per equivalent unit
Cost to complete the units in beg. Inventory
Cost of units started and completed
Units started and completed this period
Cost per equivalent unit
Cost of units started and completed
Cost of units transferred out